Saudi Arabian major issues Nov PE prices to Turkey
by ChemOrbis Editorial Team - content@chemorbis.com
According to converters, a Saudi Arabian major revealed its new PE offers for November to Turkey. The producer’s most recent prices indicated decreases of $10/ton for HDPE film and $30/ton for LLDPE c4 film with respect to last October deals and stood at $1210/ton for both products, FCA Turkey, subject to 6.5% customs duty, cash.
“Our supplier has not changed its HDPE prices much on the month, while its LLDPE offers were down. We plan to meet our HDPE film needs soon,” a packaging converter reported. Meanwhile, the minor change in HDPE was in line with the major’s relatively firm attitude for that product in China compared to other PE grades.
The Saudi major’s November PE offers to Turkey defied its announcements to China.
At the end of last week, a different Middle Eastern producer announced its new November prices to Turkey with decreases of $30/ton for LDPE and LLDPE c4 film but rollovers for HDPE film compared to October, already.
“Our supplier has not changed its HDPE prices much on the month, while its LLDPE offers were down. We plan to meet our HDPE film needs soon,” a packaging converter reported. Meanwhile, the minor change in HDPE was in line with the major’s relatively firm attitude for that product in China compared to other PE grades.
The Saudi major’s November PE offers to Turkey defied its announcements to China.
At the end of last week, a different Middle Eastern producer announced its new November prices to Turkey with decreases of $30/ton for LDPE and LLDPE c4 film but rollovers for HDPE film compared to October, already.
More free plastics news
Plastic resin (PP, LDPE, LLDPE ,HDPE, PVC, GPS; HIPS, PET, ABS) prices, polymer market trends, and more...- Freight rates rise after prolonged slump; is this rebound here to say or just a dead cat bounce?
- India’s PVC price range narrows as low-end Chinese offers fade amid ADD speculation
- Slump deepens in European plastics recycling industry
- SE Asia’s PPH regains premium over China after 3 weeks
- Stats: China rapidly expands its share in SE Asia’s PP markets
- Vietnam’s import PE prices rebound over 2 weeks; but demand struggles persist
- Geopolitics set back trading activities in Middle East
- Firming trend in European PVC markets falters in October
- European PP players discuss November outlook
- Asian PET bottle markets near 2-month highs; but lower costs cloud outlook
